Photo: Kevin Frayer/Getty Images

Huawei has gotten temporary permission to continue buying U.S.-made components, but only to maintain existing networks or support existing devices.

The latest: The Commerce Department has granted a 90-day order easing last week's near-total ban against Huawei getting goods or services from U.S. companies.

Why it matters: Without such a reprieve, network operators that use Huawei gear and owners of Huawei phones could have found themselves quickly vulnerable to security or other issues, with Huawei barred from helping resolve them.

Yes, but: This move is designed to avoid disruptions to phone networks, not to allow Huawei to pursue new business.

  • Among those calling for Huawei to get broader exceptions is the Semiconductor Industry Association, the trade group representing U.S. chipmakers.
  • "We hope to work with the Administration to broaden the scope of the license so it advances U.S. security goals in a manner that does not undermine the ability of the U.S. semiconductor industry to compete globally," SIA CEO John Neuffer said in a statement.

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Senate advances Amy Coney Barrett nomination, setting up final confirmation vote

Photo: Xinhua/Ting Shen via Getty Images

The Senate voted 51-48 on Sunday to advance the Supreme Court nomination of Judge Amy Coney Barrett, setting up a final confirmation vote for Monday.

Why it matters: It's now virtually inevitable that the Senate will vote to confirm President Trump's third Supreme Court nominee before the election, which is just nine days away.

Felix Salmon, author of Capital
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Wall Street is living up to its bad reputation

Illustration: Sarah Grillo/Axios

Recent headlines will have you convinced that Wall Street is hell-bent on living up to all of its stereotypes.

Driving the news: Goldman Sachs is the biggest and the boldest, paying more than $5 billion in fines in the wake of the 1MDB scandal, in which billions were stolen from the people of Malaysia.

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Ex-FDA chief: Pence campaigning after COVID exposure puts others at risk

Former FDA commissioner Scott Gottlieb said "the short answer is yes" when asked whether Vice President Mike Pence is putting others at risk by continuing to campaign after several aides tested positive for COVID-19, stressing that the White House needs to be "very explicit about the risks that they're taking."

Why it matters: The New York Times reports that at least five members of Pence's inner circle, including his chief of staff Marc Short and outside adviser Marty Obst, have tested positive for the virus. Pence tested negative on Sunday morning, according to the VP's office, and he'll continue to travel for the final stretch of the 2020 campaign.